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Monetization

/mʌnɪtʌɪˈzeɪʃ(ə)n/


“Monetization is the action or process of earning revenue from an asset, business, etc.”


In 2021, one can pursue so many avenues of monetization. Apart from assets, products and skills, with the rise of influencers, we can say that attention can be treated as a category of monetization as well. WIth the attention that they get from their audiences, influencers can sell not only other brands’ products, but have turned themselves and their businesses into brands as well.


The rise of the internet has bridged the physical gap between people and nowadays we can monetize pretty much anything and see opportunities in places that have not been thought of before.